WASHINGTON–Today,U.S. Congressman Larry Bucshon, M.D. (R-Ind.-08)released the followingstatement after President Biden released a $5.8 trillion dollar budget proposal for FY2023.
“President Biden just unveiled a multi-trillion-dollar budget proposal that continues to ignore the root causes of some of the biggest issues impacting our nation’s families including high inflation, a humanitarian crisis along our southern border, increased gas prices, bottlenecked supply chains, worker shortages, and more.
“Under Democrats’ one-party rule in Washington, American households are already spending $3,500 dollars more a year thanks to inflation. Instead of reining in reckless federal spending and getting inflation and our nation’s debt under control, President Biden’s budget proposes spending almost $73 trillion over the next 10 years – which is an $8 trillion dollar spending increase over the Congressional Budget Office’s base projections, continues growing our nation’s already unsustainable debt, raisestaxes on American businesses that drive our economy, and keepsinflation soaring at record levels. Hoosiers simply cannot afford any more of Democrats’ one-party rule in Washington.”